MONTREAL — Plane and train maker Bombardier Inc, whose stock has hit its minimum in Twenty five years, will soon announce plans for a reverse stock split, two sources acquainted with the matter said, to be able to remain a part of Canada’s benchmark stock index.

The sources, who aren’t authorized to publicly discuss the plans, said Bombardier’s board of directors had already approved the program before the stock dipped below $1 a week ago.

A Bombardier spokeswoman said the organization does not comment on its stock price or its stock generally.

Bombardier stock has declined a lot more than 33 percent year up to now, trading at 89 Canadian cents in Toronto on Wednesday, as it has struggled to find buyers for its new 100-150 seat CSeries passenger jet.

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If the shares remain at these levels, the stock could get ejected from Canada’s benchmark S&P/TSX composite index, forcing index funds to market the stock and putting more downward pressure on the stock price.

To be considered a element of the index, a regular should have a volume-weighted average price of $1 over the 3 months before the quarterly review. The following quarterly review arrives at the end of February, and will cover the period from December through February.

A share consolidation, which may allow Bombardier to regain compliance with index rules, is expected to be announced when the company reports fourth-quarter results on Feb. 17, said among the sources.

A reverse stock split wouldn’t alter the value of the organization. The sources could not say how many old shares would equal a new share.

Bombardier had 2.23 billion shares outstanding, by October 2015.

The CSeries jet faces fierce competition from rival plane makers Boeing Co and Airbus Group SE. Small of the two CSeries planes, the CS100, which received certification in December from Transport Canada, is to enter service in 2016 after years of delays and billions of dollars in cost overruns.

Broader concerns concerning the aerospace market have also hit shares of Bombardier rivals. Boeing’s stock has declined a lot more than 17 per cent because the start of the year, while Airbus shares have dropped a lot more than 13 pe rcent.